Possibly not the update that anybody was expecting, but life has a funny way of telling you things, small signs here and there that the direction you are taking is not the best path, I have spent some considerable time now with the Affiliate Marketing and the initial idea, which was to use paid for Facebook ads to promote a product and use Clickbank to get paid for doing so.
Things to consider when starting
- This is not going to be for free, Websites, YouTube videos and Guru’s sometimes try to push this message and it is fundamentally wrong, this business requires just one ingredient Traffic and this traffic needs to have some value, as in it needs to be directed, simply throwing 1000 unqualified leads at a landing page is highly unlikely to get any result, and traffic costs my friend, either in your time to build up a following on social media or in cash to by advertisements.
- The second thing is really an extension of the first point and was ultimately my undoing at this time, you will still need Time and quite a measurable amount too, think about it, you have to create landing pages, creatives and static ads (these can be done for free) and then place them and monitor the spending, as a side note you will notice that the majority of the success stories start with the phrase “I lost my Job” or “when I was eighteen” or some such other narrative that when you scratch beneath the surface implies that they started with a lot of time on their hands.
- Nearly all of the videos on YouTube are only half of the story, and in fact I would say it’s not even half more like one quarter, I promise that the curse of the blank page is nothing compared to staring at a video ad looping over and over and not knowing how to make it feel right and professional, and hiring somebody to do it is more money.
One of the conclusions I came to was this, the vast majority of the affiliate programs are centred around selling more affiliate training programs, I actually have a moral issue with this as it adds no value to peoples lives, These are nothing more than pyramid schemes in my opinion and ultimately although they can make money for some they do not for the vast majority of people involved.
I am not saying that affiliate programs are not viable in any way, I have links on this website to books that if anybody bought through me I would receive money, it would not make me rich but it would be earned simply as a by-product of something I enjoy doing, and as the reach of the website increases the scope for more people to see the links and click them also increases, this provides potential return on one time effort, and this is probably as close to Passive Income as it is possible to get.
In summary I feel it only right to say that the path to affiliate marketing that I started to take is best described as cynical, it would have worked with a larger budget and a smaller moral stance, quick money can be made this is true, but quick money is Small money, along the way I have spent time listening to giants of business and investing and a lot of their words have rung true with me, I understand the need for a side hustle if you have a day job as this is the only way to start on the road to financial freedom as all too often we start looking for money when we have grown out of our current income, and I also understand and would happily advise anybody that has the time and the freedom to dedicate every waking moment to affiliate marketing should do so, success stories are not always a tissue of lies to extract your hard earned money, a good amount of the time they are true and a reflection of what that person managed to achieve with their particular circumstances, just remember that their circumstances are NOT yours and you need to evaluate carefully what you can sacrifice in order to reach your goal, I am going to move toward the side hustle and will happily share any successes I have with you all on here, as well as getting on with the other side of the traineesuperhuman, the fitness and life motivation.
Till next time, run as fast as you can but make sure you have the right road!